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CAIRO (AP) — In a significant development, Israel and Lebanon have consented to a 10-day ceasefire, set to commence later today, according to U.S. President Donald Trump.

The ceasefire is planned to take effect at 5 p.m. Eastern Time, as stated by Trump.

President Trump shared the news of this temporary halt in hostilities through a social media announcement, crediting the achievement to “excellent” discussions with Lebanese President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu.

This agreement comes on the heels of a historic diplomatic engagement. On Tuesday, Israel and Lebanon conducted their first direct talks in decades, facilitated in Washington. These discussions were prompted by over a month of conflict involving Israel and Hezbollah, the militant group with connections to Iran.

Trump said he has directed Vice President JD Vance others to work with Israel and Lebanon to “achieve a Lasting PEACE.”

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

CAIRO (AP) — Pakistan’s powerful army chief met Thursday with Iran’s parliament speaker as part of international efforts to press for an extension to a ceasefire that has paused almost seven weeks of war between Israel, the U.S. and the Islamic Republic.

It was unclear whether the frantic diplomacy could lead to a lasting deal as the two-week ceasefire passes the halfway mark. The Iran war has killed thousands of people and upended global markets by disrupting the flow of oil.

Iranian state television did not provide details on the meeting between Pakistani Army Gen. Asim Munir and Iranian Parliament Speaker Mohammad Bagher Qalibaf, who has emerged as his country’s chief negotiator.

There was no immediate comment from Pakistan, which has become a key mediator after hosting direct talks between the U.S. and Iran that authorities said helped narrow differences between the sides. Mediators are seeking a new round before the ceasefire expires next week.

The White House said any further talks regarding Iran would likely take place in the Pakistani capital of Islamabad, though no decision had been made on whether to resume negotiations. The fragile ceasefire is holding despite a U.S. naval blockade of Iranian ports and Iranian counter-threats to target regional ports across the Red Sea.

The war has jolted markets and rattled the global economy as shipping has been cut off and airstrikes have pounded military and civilian infrastructure. Oil prices have fallen amid hopes for an end to fighting, and U.S. stocks on Wednesday surpassed records set in January.

Lebanese president refuses to speak with Israeli PM

During the fragile ceasefire with Iran, fighting has continued in Lebanon between Israel and the Iran-backed militant group Hezbollah.

U.S. President Donald Trump had announced that the leaders of Israel and Lebanon would speak about halting the fighting. If that were to occur, it would be the first direct conversation between the leaders of the two countries in more than 30 years.

But Lebanese President Joseph Aoun refused Thursday to speak to Israeli Prime Minister Benjamin Netanyahu, a government official familiar with the developments told The Associated Press.

The government official, who spoke on condition of anonymity in line with regulations, said the remarks were made during a call with U.S. Secretary of State Marco Rubio and that Washington “understands Lebanon’s position.”

Aoun’s office acknowledged a call with Rubio, but did not mention the possibility of talks with Netanyahu. Netanyahu’s office did not do so either.

Lebanon and Israel held their first direct diplomatic talks in decades Tuesday in Washington following more than a month of war between Israel and Hezbollah. Lebanon has insisted on a ceasefire to stop the fighting between Israel and Hezbollah before engaging in direct talks, while vowing to commit to disarming the group.

Washington has not publicly stated its support of a ceasefire as a precondition, and the Israeli government has framed the talks as peace negotiations with a focus on disarming Hezbollah.

Israel and Hezbollah continued exchanging fire across the border, with Hezbollah targeting towns in northern Israel with rockets and drones. Israeli fire against southern Lebanon intensified, especially around the cities of Tyre, Nabatieh and the strategic town of Bint Jbeil near the border with Israel.

Israel and Lebanon have technically been at war since Israel was established in 1948, and Lebanon remains deeply divided over diplomatic engagement with Israel.

Israeli troops have pushed deeper into southern Lebanon to create what officials have called a “security zone,” which Netanyahu has said will extend at least 8 to 10 kilometers (5 to 6 miles) into Lebanon.

Officials say US and Iran are making progress

Even as the U.S. blockade on Iranian ports and renewed Iranian threats strained the ceasefire, regional officials reported progress, telling AP that the United States and Iran had an “in-principle agreement” to extend it to allow for more diplomacy. They spoke on condition of anonymity to discuss sensitive negotiations.

But tensions simmered.

The commander of Iran’s joint military command, Ali Abdollahi, threatened to halt trade in the region if the U.S. does not lift its naval blockade, and a newly appointed military adviser to Iranian Supreme Leader Mojtaba Khamenei said he does not support extending the ceasefire.

Mediators seek compromise on sticking points

Mediators are pushing for a compromise on three main sticking points: Iran’s nuclear program, the Strait of Hormuz and compensation for wartime damages, according to a regional official involved in the mediation efforts.

Iranian Foreign Ministry spokesman Esmail Baghaei said Iran is open to discussing the type and level of its uranium enrichment, but his country “based on its needs, must be able to continue enrichment,” Iranian state media reported.

The Pentagon urged Iran to make a deal, with U.S. Defense Secretary Pete Hegseth telling reporters at the Pentagon that “ultimately, they need to come to the table.”

He said the U.S. will ensure that Iran never has a nuclear weapon.

“We’d prefer to do it the nice way through a deal led by our great vice president and negotiating team. Or we can do it the hard way,” Hegseth said.

Iran has repeatedly insisted that it does not seek a nuclear weapon and that its nuclear program is for peaceful proposes.

The fighting has killed at least 3,000 people in Iran, more than 2,100 in Lebanon, 23 in Israel and more than a dozen in Gulf Arab states. Thirteen U.S. service members have also been killed.

U.S. Treasury Secretary Scott Bessent said the Trump administration would ramp up economic pain on Iran with new economic sanctions on countries doing business with it, calling the move the “financial equivalent” of a bombing campaign.

Pakistani Prime Minister Shehbaz Sharif met with Qatar’s emir, Sheikh Tamim bin Hamad Al Thani, during a visit to Doha, his office said, as part of a regional visit aimed at discussions on the ongoing U.S.-Iran peace process.

China calls for Strait of Hormuz to reopen

Chinese Foreign Minister Wang Yi said the window of peace was opening during a phone call with his Iranian counterpart, according to a statement from the Chinese Foreign Ministry.

Wang told Iranian Foreign Minister Abbas Araghchi that the situation has reached a critical juncture, and said Iran’s sovereignty, security and legitimate rights should be respected, while freedom of navigation and safety through the Strait of Hormuz should be ensured.

Since the war began, Iran has curtailed maritime traffic through the strait, which a fifth of global oil transited through in peacetime. Tehran’s effective closure of the strait sent oil prices skyrocketing, raising the cost of fuel, food and other basic goods far beyond the Middle East, and the U.S. has responded with a blockade on Iranian shipping.

U.S. Central Command said Wednesday that no ships had made it past the blockade since it was imposed two days earlier, while 13 merchant vessels complied with direction from U.S. forces to turn around and reenter Iranian waters.

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Lidman reported from Tel Aviv, Israel and Chehayeb reported from Beirut. Associated Press writer Munir Ahmed in Islamabad, Elena Becatoros in Athens, Greece and Ben Finley in Washington contributed to this report.